revenue
How to use your revenue management toolkit
Industry experts during the Hotel Data Conference weigh in on the best ways to use revenue management tools With so many practices and systems available for managing revenue, hoteliers have […]
How to create a better comp set
Here are five ways to refine your comp set, according to a speaker at the recent Hotel Data Conference. Comp sets can be an invaluable tool for hoteliers when it […]
US: Hotel performance for July 2015
The U.S. hotel industry reported positive results in the three key performance metrics during July 2015, according to data from STR, Inc. In year-over-year results, the U.S. hotel industry’s occupancy was […]
Europe: ADR drives RevPAR
Strong revenue per available room performance across Europe, largely driven by average daily rate, is underpinning robust regional hotel performance, according to data from STR Global. In a data presentation at […]
Asia/Pacific: Performance is ‘flat’
“Flat” is the word Sarah Duignan, director of account management for STR Global, used to describe hotel performance across the Asia/Pacific region year to date through June. Presenting global hotel performance […]
Rigorous Revenue Management Collide With 2016 RFP Season
In February, a handful of DHL board members traveled to Miami, some from out of the country. Weeks in advance of the meeting, the CEO’s executive assistant had reserved rooms […]
Hotels generate near US$11 billion in revenue
The global hotel industry’s leading cloud platform, SiteMinder, today reveals it powered more than US$10.8 billion in revenue for its hotel customers over the 12 months ending 30 June 2015. […]
Future of Ancillary Revenue Success: Personalisation
Airlines can unlock a new source of revenue with personalized ancillary sales that will please travelers instead of leaving them indifferent. Perfect offerings that will increase profits are waiting for […]
Why revenue strategy must matter to the c-suite
By now, the importance of revenue management is clear to most hoteliers around the world. With new intermediaries emerging and customer acquisition costs rising on a seemingly daily basis, effectively […]
As Airbnb grows, hotel prices to drop
Hotels are already feeling the effects of Airbnb’s approach to room rentals, but continued growth could force the hotels to lower room prices. By the end of 2016, Merrill Lynch […]